Steel Road - B31 2RG
Key Postcode Insights
B31 2RG is a residential postcode situated on Steel Road, Birmingham, B31 with 48 addresses.
It ranks as the 1032nd largest and 186th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 20 houses and 28 flats.
- Ave. Sale Price
- £221,774
- 10 Year change
- up 51.0%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
B31 2RG is a residential postcode situated on Steel Road, Birmingham, B31 with 48 addresses.
It ranks as the 1032nd largest and 186th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 20 houses and 28 flats.
- Ave. Sale Price
- £221,774
- 10 Year change
- up 51.0%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin B31 2RG
- Northfield House
Mid-century Building | 12 Units
- 2 Steel Road
3 Bed Mid-century House
- 20 Steel Road
2 Bed Modern House
- 22 Steel Road
5 Bed Period House
- 24 Steel Road
4 Bed Period House
Sales Market Trends
The last sale in B31 2RG sold for £135,000 on 19th September 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £221,774.
The B31 2RG Sales Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £221,774 |
| June 2025 | 1.5% | £223,150 |
| June 2024 | 2.1% | £219,940 |
| June 2023 | 4.5% | £215,335 |
| June 2022 | 9.6% | £206,019 |
| June 2021 | 6.9% | £188,019 |
| June 2020 | 0.7% | £175,866 |
| June 2019 | 4.3% | £174,566 |
| June 2018 | 4.5% | £167,430 |
| June 2017 | 9% | £160,176 |
| June 2016 | 4.2% | £146,884 |
| June 2015 | 4.1% | £140,910 |
| June 2014 | 4.5% | £135,408 |
| June 2013 | 3.2% | £129,568 |
| June 2012 | 0.7% | £125,505 |
| June 2011 | 0.2% | £124,632 |
| June 2010 | 3.3% | £124,378 |
| June 2009 | -8.6% | £120,437 |
| June 2008 | -6.5% | £131,778 |
| June 2007 | 0% | £140,994 |
Rental Market Trends
The current average rental value in the postcode is £1,011.
The B31 2RG Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,011pcm |
| June 2025 | 3.6% | £989pcm |
| June 2024 | 8.9% | £954pcm |
| June 2023 | 10.9% | £877pcm |
| June 2022 | 8.1% | £791pcm |
| June 2021 | 4.6% | £731pcm |
| June 2020 | 3.1% | £699pcm |
| June 2019 | 1.2% | £678pcm |
| June 2018 | 1.5% | £670pcm |
| June 2017 | 2.9% | £660pcm |
| June 2016 | 4.4% | £641pcm |
| June 2015 | 3.4% | £614pcm |
| June 2014 | 3.3% | £594pcm |
| June 2013 | 1.4% | £575pcm |
| June 2012 | 1.2% | £567pcm |
| June 2011 | -0.1% | £560pcm |
| June 2010 | 4.8% | £561pcm |
| June 2009 | -4% | £536pcm |
| June 2008 | -1.1% | £558pcm |
| June 2007 | 0% | £564pcm |
Sales History
The last sale was on 19th September 2025 for £135,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 41 sales since 1995.
B31 2RG has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£135,000 | 2 Bed FlatFlat 10, Northfield House 16, Steel Road, Birmingham, B31 2RGFlat 10, Northfield House 16, Steel Road, Birmingham, B31 2RG
- Sold Dec 2022£286,750 | 3 Bed House48, Steel Road, Birmingham, B31 2RG48, Steel Road, Birmingham, B31 2RG
- Sold Jun 2022£330,000 | 3 Bed House44, Steel Road, Birmingham, B31 2RG44, Steel Road, Birmingham, B31 2RG
- Sold Nov 2021£92,000 | 2 Bed FlatFlat 1, Northfield House 14, Steel Road, Birmingham, B31 2RGFlat 1, Northfield House 14, Steel Road, Birmingham, B31 2RG
- Sold May 2020£120,000 | 2 Bed FlatFlat 10, Northfield House 16, Steel Road, Birmingham, B31 2RGFlat 10, Northfield House 16, Steel Road, Birmingham, B31 2RG
Nearby Postcodes
B31 2RG is the 1032nd largest and the 186th most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 2RQ, Steel Road, Birmingham, B31B31 2RQ29 Addresses|48 m away
- B31 2RJ, Hawkesley Mill Lane, Birmingham, B31B31 2RJ39 Addresses|124 m away
- B31 2RD, Pineview, Birmingham, B31B31 2RD45 Addresses|125 m away
- B31 2RN, Mill Lane, Northfield, Birmingham, B31B31 2RN21 Addresses|138 m away
- B31 2RR, Peters Avenue, Birmingham, B31B31 2RR33 Addresses|141 m away
Property Types
- 5 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 4 mid-century houses built between 1936 and 1979
- 28 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- period house (5)
- modern house (1)
- mid-century house (4)
- mid-century flat (28)
- early-century house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (3)
- C (13)
- G (0)
- D (15)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Oct 2019£345,000 | 5 Bed House71, Steel Road, Birmingham, B31 2RQ71, Steel Road, Birmingham, B31 2RQ
- Sold Jun 2022£330,000 | 3 Bed House44, Steel Road, Birmingham, B31 2RG44, Steel Road, Birmingham, B31 2RG
- Sold May 2024£320,000 | 3 Bed House57, Steel Road, Birmingham, B31 2RQ57, Steel Road, Birmingham, B31 2RQ
Schools Nearby
- The Meadows Primary School500 m away
- St Brigid's Catholic Primary School600 m away
- Turves Green Primary School700 m away
- King Edward VI Northfield School for Girls600 m away
- Turves Green Boys' School800 m away
- St Thomas Aquinas Catholic School1.9 km away
More reading links
Public Transport Nearby
The closest station to B31 2RG is Northfield station, which is 700 metres away.
- Northfield|700 m away
- Longbridge|1.1 km away
- Kings Norton|2.9 km away
- Bournville|4.1 km away
